Bitcoin Forms Pivotal Long Term Uptrend Signal Last Seen in 2014

Bitcoin has traded in a relatively tight 2, 000 range over the past two months after a rejection in the 12, 000 region. The slow price action in the leading cryptocurrency also comes as legacy markets, such as the S P 500 and precious metals, have undergone some stagnation. Bitcoins inability to break higher after retaking crucial longterm supports has led some investors to fear that the cryptocurrency market is primed to see a strong reversal lower. Fortunately for bulls, it was just confirmed that a lon